New Delhi, Oct 25 (UNI) India’s electricity demand declined by 5percent on a year-on-year basis during the first 20 days of October 2025, based on the provisional data from Power System Operation Corporation (POSOCO), a report of ICRA said.

The Investment Information and Credit Rating Agency (ICRA) said that earlier the demand grew modestly between July and September 2025, with a contraction in Q1 FY2026, largely attributed to an unfavorable base effect, early onset of Southwest Monsoon, and above-normal rainfall across the country.

The electricity demand growth has shown a mixed trend in FY2026 so far, and the full-year demand growth is projected at 4.0-4.5percent.

Moreover, prices were also lower than the October 2024 levels at Rs 3.9 per unit, continuing a year-on-year declining tre

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